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Resolution 1985-72 100-273 ... . WW:PDA:rb 10/11/85 l2c ., RESOLUTION NO. 85- 72 A RESOLUTION AND ORDER ADOPTING REPORT AND CONFIRMING THE REASSESSMENT AND REFUNDING LAS ANIMAS TECHNOLOGY PARK ASSESSMENT DISTRICT REASSESSMENT AND REFUNDING RESOLVED, by the City Council of the City of Gilroy, California, that WHEREAS, on the 3rd day of September, 1985, said Council adopted its Resolution No. 85-56, A Resolution of Determination and of Intention to Refund Special Assessment Bonds and to Levy Reassessments as Security for the Refunding Bonds to be Issued; WHEREAS, said Council thereby directed Reimer Associates, being a qualified person employed by said City to perform any services in connection with said refunding and reassessment proceedings to make and file with the City Clerk of said City, a report, in writing, containing all of the information therein set forth in accordance with and pursuant to the provisions of Section l2A.149.l, Division 3, Article III, Chapter l2A of the Gilroy City Code; WHEREAS, said report was duly made and filed with the City Clerk of said City, whereupon the City Clerk presented it to this Council for consideration; WHEREAS, said Council thereupon duly considered said report and each and every part thereof, and found that it contained all the matters and things called for by the provisions of said Code, all of which was done in the form and manner required by said Code; WHEREAS, said Council found that said report and each and every part thereof was sufficient in every particular and determined that it should stand as the report for all subsequent proceedings under said Code and said Resolution No. 85-56, whereupon said Council, pursuant to the requirements of said Code, appointed Monday, the 21st day of October, 1985, at the hour of 8:00 o'clock p.m. of said day in the RESOLUTION NO. 85 - 72 . . ~ regular meeting place of said Council, Council Chambers, City Hall, 7351 Rosanna Street, Gilroy, California, as the time and place for hearing protests in relation to said reassessment and refunding and directed the City Clerk of said City to give notice of said hearing as required by said Code; WHEREAS, it appears that notices of said hearing were duly and regularly posted, mailed and published in the time, form and manner required by said Code, as evidenced by the certificates and affidavits on file with said City Clerk, whereupon said hearing was duly and regularly held at the time and place advertised in said notice; and WHEREAS, persons interested in any of the property to be reassessed objecting to said reassessment, refunding, the amount of unpaid assessments or the amounts of proposed reassessments as to any of the parcels of land to be reassessed, filed written protests with the City Clerk of said City at or before the time set for said hearing, and all persons interested, desiring to be heard, were given an opportunity to be heard and all matters and things pertaining to said reassessment and refunding were fully heard and considered by said Council, and were overruled, and said Council has acquired jurisdiction to order said reassessment and refunding and the confirmation of said reassessment diagram and reassessment; NOW, THEREFORE, said Council does hereby FIND, DETERMINE and ORDER, as follows: 1. That the owners of one-half of the area of the land proposed for reassessment did not, at or prior to the time fixed for said hearing, file written protests against said proposed reassessment or refunding. 2. That any and all protests, whether written or oral~ made either to said proposed reassessment or refunding, and all persons desiring to be heard in relation to any of said matters, whether as protestants or otherwise, have been fully heard and considered, and have been overruled. -2- . . 3. That the district to be reassessed to pay the cost and expenses thereof, and the exterior boundaries thereof, is the district described in said Resolution No. 85-56 and made a part hereof by reference thereto. 4. That the public interest and convenience require, and said Council does hereby order the reassessment and refunding to be made and done as described in and in accordance with said Resolution No. 85-56, on file in the office of the City Clerk of said City, reference to which is hereby made for further particulars pursuant to the provisions of sa id Code. 5. That the reassessment diagram showing the reassessment district referred to and described in said Resolution No. 85-56 and also the boundaries and dimensions of the respective subdivisions of land within said district, each of which subdivisions having been given a separate number upon said reassessment diagram, as contained in said report, be, and it is hereby, finally approved and confirmed as the reassessment diagram of the properties to be reassessed to pay the cost and expenses of said reassessment and refunding. 6. That the reassessment of the total amount of the cost and expenses of the proposed reassessment and refunding upon the several subdivisions of land in said district, as contained in said report, be, and the same is hereby, finally approved and confirmed as the reassessment to pay the cost and expenses of said reassessment and refunding. 7. That said Report be, and the same is hereby, finally adopted and approved as a whole. 8. That the City Clerk of this City shall forthwith deliver to the Superintendent of Streets of said City the reassessment, together with said reassessment diagram thereto attached and made a part thereof as confirmed by this Council, with her certificate of such confirmation thereto attached and of the date thereof, and that said Superintendent of Streets shall forthwith record said reassessment diagram and -3- . . ~ . . .. reassessment in his office in a suitable book to be kept for that purpose, and append thereto his certificate of the date of such recording, and such recordation shall be and constitute the reassessment roll herein. 9. That the City Clerk, upon the recording of said reassessment diagram and reassessment in the office of the Superintendent of Streets of said City shall file a certified copy of this resolution in the office of the County Auditor of the County of Santa Clara who shall keep a record in his office showing the several installments of principal and interest on the reassessments which are to be collected in each year during the term of the refunding bonds. 10. The Director of Finance of said City shall, upon receipt of the proceeds of the sale of the refunding bonds, be, and he is hereby, authorized and directed to, forthwith, deposit said proceeds in a fund to be designated "Las Animas Technology Park Assessment District Refunding Fund" to be used solely for the purpose of refunding the bonds to be refunded in the manner provided by law, together with the costs of issuance thereof and any and all other costs incidental to said reassessment and refunding proceedings. * * * * * I hereby certify that the foregoing resolution was duly and regularly adopted and passed by the City Council of the City of Gilroy, California, at a regular meeting thereof held on the 21st day of October, 1985, by the following vote of the members thereof: AYES, and in favor thereof, Councilmembers: ALBERT, GAGE, KLOECKER, HUSSALLEH, PATE, VALDEZ and HUGHAN. NOES, Councilmembers: None ABSENT, Councilmembers: None APPROVED: Ii~ RESOLUTION NO. 85 - 72 -4-